Hero FinCorp's Rs 2 Lakh loan on an Aadhaar card offers a wide range of benefits for the borrowers. With our loan, you can get the freedom to financial flexibility and utmost convenience. Here are the benefits:
Understanding the interest rates and other associated charges is crucial when contemplating a Rs 2 Lakh loan on your Aadhaar Card.
| Fee and Charges | Amount to be Charged |
| Interest Rate | 11% - 35% |
| Processing Fee | 2.5% - 3.5% |
Personal Loan EMI of Rs 2 Lakh: Tenure 1-5 Years
When considering a Rs 2 Lakh Personal Loan with a flexible tenure of 1 to 5 years, understanding the monthly EMI becomes essential. Let's explore the EMI variations for a Rs 2 Lakh loan amount with an 11% interest rate across different loan tenures:
| Loan Amount (Rs.) | Tenure (Years) | Interest Rate (%) | Monthly EMI (Rs.) |
| 2,00,000 | 1 | 11% | 17,676 |
| 2,00,000 | 2 | 11% | 9,322 |
| 2,00,000 | 3 | 11% | 6,548 |
| 2,00,000 | 4 | 11% | 5.169 |
| 2,00,000 | 5 | 11% | 4,348 |
Also, Read: Get Personal Loan on Pan and Aadhar Card
How to Apply for 2 Lakh Loan on Aadhaar Card
Planning to apply for an instant Rs 2 Lakh loan on an Aadhaar Card? Here's how:
- Download the Hero App: Begin by downloading the Hero FinCorp Personal Loan App or visit the official website.
- Fill in Details: Provide personal and financial details, specifying the loan amount (Rs 2 Lakh) and tenure.
- Upload Documents: Digitally upload the necessary documents.
- Submit Application: Once completed, submit your loan application.
The Hero FinCorp Personal Loan App streamlines the process, allowing you to conveniently and swiftly apply for a Rs 2 Lakh loan on your Aadhaar card.
Conclusion
Obtaining an instant Rs 2 Lakh loan on an Aadhaar card from Hero FinCorp could serve as a vital financial resource. With speedy approvals, minimal paperwork, and user-friendly online applications, it provides a prompt and trustworthy solution for your urgent financial requirements. Don't delay—get access to your assistance today with a Rs 2 Lakh loan on your Aadhaar card.
Also, Read: How to Get 50000 Personal Loans with Aadhaar Card
Frequently Asked Questions
1. What is a Rs 2 Lakh loan on an Aadhaar card?
A Rs 2 Lakh loan on an Aadhaar card is a Personal Loan where you can borrow up to Rs 2 Lakh based on your Aadhaar card and a few other criteria.
2. How long does it take to get approval for an Aadhaar card loan?
An Aadhaar card loan can be approved within 24 hours with Hero FinCorp, depending on your documents and other eligibility criteria.
3. Are Aadhaar card loans secure and reliable?
Yes, Aadhaar card loans from reputable financial institutions like Hero FinCorp are secure and reliable, offering a legitimate financial solution.
4. Can I get more than one loan on an Aadhaar card?
The possibility of obtaining multiple Aadhaar card loans depends on your creditworthiness and the financial institution's policies. However, it's essential to manage your loans responsibly.
5. What happens if I default on an Aadhaar card loan?
Defaulting on an Aadhaar card loan can harm your credit score and may also result in legal actions taken by the financial institution. It's better to repay loans on time to avoid such consequences.
6. Can I apply 50000 loan on Aadhar card?
Yes, you can apply for a personal loan of Rs. 50,000 on Aadhar card. This process is facilitated by various instant loan apps and websites.
Disclaimer: The content in this blog is intended solely for informational purposes. Although we make every effort to deliver accurate and up-to-date information, Hero Fincorp has provided an estimated EMI amount, which may vary based on recent updates.
